FY2018 EPS Estimates for Goosehead Insurance Inc Lowered by William Blair (GSHD)
Goosehead Insurance Inc (NASDAQ:GSHD) – William Blair reduced their FY2018 earnings per share estimates for Goosehead Insurance in a note issued to investors on Wednesday, August 8th. William Blair analyst A. Klauber now anticipates that the company will post earnings per share of $0.31 for the year, down from their prior estimate of $0.32. William Blair currently has a “Outperform” rating on the stock.
Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings data on Tuesday, August 7th. The company reported ($0.68) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.74). The company had revenue of $14.79 million for the quarter, compared to the consensus estimate of $13.80 million.
Shares of NASDAQ GSHD opened at $26.43 on Monday. Goosehead Insurance has a twelve month low of $10.78 and a twelve month high of $29.73.
Large investors have recently bought and sold shares of the business. Rhumbline Advisers bought a new stake in Goosehead Insurance in the 2nd quarter worth approximately $217,000. Thompson Davis & CO. Inc. bought a new stake in shares of Goosehead Insurance during the 2nd quarter valued at $318,000. TD Asset Management Inc. bought a new stake in shares of Goosehead Insurance during the 2nd quarter valued at $367,000. Brighton Jones LLC bought a new stake in shares of Goosehead Insurance during the 2nd quarter valued at $422,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of Goosehead Insurance during the 2nd quarter valued at $457,000. 27.19% of the stock is owned by institutional investors and hedge funds.
Goosehead Insurance Company Profile
Goosehead Insurance, Inc focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel. It offers various insurance products, including homeowner's insurance; auto insurance; other personal lines products, such as flood, wind, and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance comprising motorcycle, recreational vehicle, and other insurance; commercial lines insurance consisting of general liability, property, and auto insurance for small businesses; and life insurance.
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